All You Need To Know About United Emirate Coin (UEC) : The First Arab Cryptocurrency

All You Need To Know About United Emirate Coin (UEC) : The First Arab Cryptocurrency

With the ending of Q1 2021, United Emirate Coin UEC announces the First Arab Cryptocurrency. United Emirate Coin is an open source, anonymous peer-to-peer Ethereum based Coin carefully developed by Industry experts based in the Middle East. United Emirate Coin is a global payment network that is fully decentralized without central authorities which enable people to store and invest their wealth in a digital Currency.

United Emirate Coin is the first cryptocurrency to be developed in the Middle east. United Emirate coin had their first initial coin offer in December 2017.

What is United Emirate Coin (UEC)

United Emirate coin is First Arab cryptocurrency, United Emirate coin is a form of digital public money created by complex mathematical computations and validated by millions of computer users (blockchain technology).

You can store United Emirate Coin on your computer drive, smartphone, hardware wallet or somewhere in the cloud. The United Emirate Coin transfer system is convenient and easy to use. The transfer of funds can be done anywhere in the world within seconds.

United Emirate Coin protects your transaction history and wallet contents from prying eyes, whilst leaving
publicly accessible transaction hashes available for the technically discerning to authenticate transactions hereby making the transaction of United Emirate Coin safe and anonymous.

Once you own United Emirate Coins, they behave like physical gold coins: they possess value and can be traded like stocks in popular exchanges. In the future you’ll be able to use them to purchase goods and services.

The total supply is just 20M making it a huge potential for astronomical increase in price value making investors tons of profits trading and holding UEC. Besides the UAE, cryptocurrencies have been banned outright in Algeria, Iraq, Morocco, and Libya. Jordan has warned the public against the use of bitcoin.

Even where a ban is in place, internet postings suggest people often flout the law. Despite the ban in Morocco a blockchain summit was held there last month and a US private equity firm is planning a controversial project to build a wind farm to mine bitcoin in the occupied Western Sahara. United Emirate Coin aims to bridge the gap and encourage the usage of cryptocurrency in day to day financial transactions in the middle east and other Arab nations.

Kuwait does not recognize cryptocurrencies for official commercial transactions and prohibits the banking sector and state-controlled companies from trading them. Yet in January 2018 the CBK announced it would issue an e-currency, which it distinguished from a virtual currency, and in July a Kuwaiti financial firm announced the first ever blockchain-powered transaction in the country.

In Lebanon the Banque du Liban issued warnings about the dangers of cryptocurrencies and then last year announced it would launch its own. Media reports suggest some small businesses in Lebanon already accept Cryptocurrency.

Bahrain and Qatar both bar their citizens from engaging in any kind of activities involving cryptocurrencies locally but allow them to do so outside their borders. Qatar has its first Blockchain conference in October. Financial regulators from Abu Dhabi, Bahrain and Dubai are among a network of regulators collaborating with the UK Financial Conduct Authority to increase regulatory cooperation and explore policy issues arising from fintech.

United Emirate Coin (UEC) works with an unprecedented level of transparency that most people are not used to dealing with. All Bitcoin transactions are public, traceable, and permanently stored in the United Emirate Coin(UEC) network. United Emirate Coin(UEC) addresses are the only information used to define where bitcoins are allocated and where they are sent.

These addresses are created privately by each user’s wallets. However, once addresses are used, they become tainted by the history of all transactions they are involved with. Anyone can see the balance and all transactions of any address. Since users usually have to reveal their identity in order to receive services or goods, United Emirate Coin(UEC) addresses cannot remain fully anonymous. As the block chain is permanent, it’s important to note that something not traceable currently may become trivial to trace in the future.

Features of United Emirate Coin (UEC)

Fast Transaction

Send and receive payments anywhere in the World quickly. Quick block execution time, ensure unparalleled speed to conventional remittance and payment system.

United Emirate Coin is currently built and managed on the world’s best crypto blockchain which is the Ethereum network.

Wallet Encryption

Wallet encryption provides protection from wallet-stealing viruses and trojans as well as allows user to secure the wallet, so that user can view transactions and the account balance.

Decentralized System

UEC uses decentralized blockchain transaction technology, so no centralized third party to trust. Transactions are performed directly between the users.

Anonymous Payment

On the one hand, crypto currency is entirely anonymous. On the other, it is completely transparent and trackable.

It is anonymous in the sense that user can hold a crypto address without revealing anything about user’s identity in that address. One person could hold multiple addresses, and in theory, there would be nothing to link those addresses together, or to indicate that the person owned them.

Sending and receiving virtual currency is like writing under a pseudonym. If an author’s pseudonym is ever linked to their identity, everything they ever wrote under that pseudonym will be linked to them. United Emirate Coin seeks to serve as the perfect means of anonymous payment for residents in the Arab world and the world at large.

 

How to Store United Emirate Coin on MEW(myetherwallet)

You can now follow the instructions below to add a custom token in MyEtherWallet:

a) Visit MEW (www.myetherwallet.com) and go to the “View Wallet Info” page
b) Click “Add Custom Token”
c) Enter the contract address: (0x40cf9f8b652efe6bfb9d5cfcdb12e3a8a8b4c2c3) and number of decimals (9)
d) Add the token symbol (UEC)
e) Click ”Save” and your UEC will reflect

United Emirate Coin details
—————————–
Decimal: 9
Symbol: UEC
Smart Contract address: 0x40cf9f8b652efe6bfb9d5cfcdb12e3a8a8b4c2c3EtherScan verified link https://etherscan.io/token/0x40cf9f8b652efe6bfb9d5cfcdb12e3a8a8b4c2c3

 

INVESTMENT OPPORTUNITIES in  United Emirate Coin (UEC)

If you wish to secure your future with financial stability in a safe way or you are tired of Centralized banking and the misleading promises of third party lenders, then investing in United Emirate Coin is the best investment decision you could ever make.

Because the moment you acquire United Emirate Coin it becomes an interest bearing asset.

1. UNITED EMIRATE COIN TRADING

The Total supply is just 20M(Twenty million) making it a huge potential for astronomical increase in price value making investors tons of profits trading and holding UEC. United Emirate Coin has the potential to apprecaite 1000 to 10,000% due to its unique image as the first Arab Cryptocurrency.

You can also profit from downward movements in United Emirate Coin price by selling them at a higher price. If you want to profit from short selling, you have to own United Emirate Coin in the first place. Buy United Emirate Coin
from Private Sale or External Exchanges with Bitcoins first.

It’s simple to trade, just follow the steps below and you’ll have your money working for you

DEPOSIT BITCOIN

Deposit your BITCOIN on given bitcoin deposit address.

BUY UNITED EMIRATE COIN

Buy United Emirate Coin from Exchange.

TRADE UNITED EMIRATE COIN

Buy and sell United Emirate Coin from Exchange

TRADING PROFIT

You can buy United Emirate Coin at lower price and sell at a higher price.

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